I asked the person I know who works for Fannie Mae about this. He said he had never heard about it and didn’t know about anyone who had been fired.
He works at their Dallas facility. Which is the second largest after DC. FYI, he did have to return to the office three weeks ago. For the first time in five years.
>>>>I asked the person I know who works for Fannie Mae about this. He said he had never heard about it and didn’t know about anyone who had been fired.
He works at their Dallas facility. Which is the second largest after DC. FYI, he did have to return to the office three weeks ago. For the first time in five years.>>>>
Sounds like they were remote employees in India. Setting up fake charities to cash in on Fannie Mae’s matching donations. They get creative over there on how to rip off Americans. Robo calls, fake charities, you name it.
cont
US fires 200, mostly Telugus, over salary fraud. Some people working with Fannie Mae told reporters that the lay-offs were made on April 9 and 10, and were on “ethical grounds”.
Andhra Pradesh and Telangana are the two states with the most Telugu-speaking people. Indian-American Congressman Suhas Subramanyam from Virginia said on April 9 that he had sought a response from Fannie Mae. “It has been brought to my attention that Fannie Mae has accused hundreds of my constituents in the Indian-American community of fraudulent behaviour and fired them without conducting a full investigation or providing evidence,” said Subramanyam. “I have spoken with many of these employees in our community, and they deserve due process. Fannie Mae owes them, Congress, and the American people an explanation immediately,” the Congressman added.
TELUGU ASSOCIATION FACED SIMILAR CHARGES IN APPLE CASE
In December 2024, the Northern District of California court issued a subpoena to TANA, requiring the group to testify before a grand jury. The subpoena demanded records of donations received, amounts spent, and details of organisational representatives from 2019 to 2024.
Similar allegations surfaced against employees at tech-company Apple earlier this year. The company reportedly terminated over 100 employees, including around 50 at its Cupertino headquarters, after uncovering a monetary fraud scheme designed to inflate employee compensation.
Authorities in the Bay Area had issued warrants against six of the fired Apple employees — none of whom were Indian. However, reports indicated that several Indian employees were involved in misusing Telugu charity organisations in the US for fraudulent activities.
The scheme reportedly involved employees pretending to make donations, which were later returned to them. Apple’s matching contributions were retained, and the fictitious donations were written-off on the defendants’ tax returns, defrauding the state of California in the process.
After Apple, the sacking of 200 employees, mostly Telugus, over the scam indicates that the manipulation isn’t restricted to a single American company and might be more widespread than believed. A fair probe will reveal the origins and the extent of it.